Phase 1 Exploration Commences At The Greyhound Property

VANCOUVER - Metallis Resources Inc. reported that the inaugural field exploration program on the recently acquired Greyhound property has begun. The property is a high-grade silver/gold/antimony project within an historic mining camp, located in Idaho. The geological field team has been tasked with the evaluation of high-grade mineralized zones at several known showings, and to identify new areas of high-grade mineralization throughout the Property, including the 3.6 km Greyhound shear zone and several other historic showings.

The Program will include the use of modern exploration technologies such as a portable X-Ray Fluorescence (XRF) spectrometer to support immediate on-site analysis alongside more traditional activities like rock/soil sampling, geological mapping, and trenching, all of which will play a key role in identifying potential drill sites and expanding the understanding of the mineralized zones. The team is currently working alongside the property owner who has held the property for 40 years and has an intimate knowledge of the areas of historical work and areas offering the highest mineral potential. Results from the Program are expected to drive a planned drilling campaign to be conducted later in the 2024 season.

Fiore Aliperti, President and CEO, said, "It's fantastic for us to announce the start of our 2024 work programs at Greyhound. The team has been anxious to get boots on the ground since we completed the property option agreement and started the data evaluation process. Exploration efforts will focus on both existing sites with historic mining activity and underexplored areas which offer the potential of new exploration targets. We are well-prepared to leverage our technical expertise and apply modern exploration methods to advance our understanding of the Greyhound property's mineral potential. We look forward to seeing results and confirming drill targets."